Omaha Mortgage Calculator for Minneapolis, Minnesota (55425)

Free omaha mortgage calculator for residents of Minneapolis, Minnesota. Calculate your monthly mortgage payment in Omaha, NE. Includes Nebraska property tax and insurance rates so you know your true housing cost.

MEDIAN HOUSEHOLD INCOME
$77,989
per year in Minneapolis
MEDIAN HOME VALUE
$332,395
in Minneapolis, MN
HOUSING AFFORDABILITY: MODERATELY AFFORDABLE

Home prices require a significant portion of household income in this area.

Local Context for Minneapolis, Minnesota

In Minneapolis, Minnesota (Hennepin County, ZIP area), the median household income is $77,989 per year and the median home value is $332,395. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Minneapolis, Minnesota (ZIP 55425)

City Minneapolis, Minnesota
County Hennepin County
ZIP Code 55425
State Minnesota
Time Zone Chicago
Median Household Income $77,989/year
Median Home Value $332,395

Housing & Cost of Living — Minneapolis, Minnesota

Affordability Tier Affordable
Price-to-Income Ratio 3.3x
Est. Monthly Mortgage (20% down, 6.65%) $1,326/mo
Mortgage as % of Monthly Income 20.4%
Income vs. National Median near the national median
Income Tier Middle Income
Home Value vs. National Median near the national median
Housing Market Tier Affordable Market
Cost of Living Index 87 (Below Average)

A price-to-income ratio of 3.3x places this ZIP near the national average, meaning housing costs are broadly in line with local earning power.

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